Friday, October 22, 2010

McAllen-Edinburg-Mission, TX ranked 4th among the Best-Performing Cities in the U.S.

2010 Milken Institute Best-Performing Cities Index 

Leaders in this year’s index, which ranks U.S. metros based on their ability to create and sustain jobs, are all metros that were shielded from losses in the production of capital equipment and consumer durable goods. Diversified technology bases, including high-tech manufacturing; reliance on service industries; having a large military presence and a relatively small presence of financial services were common characteristics in this year’s top performers.

The 2010 top 10 performers (with 2009 rankings) of the 200 largest metros:

1. Killeen-Temple-Fort Hood, TX (2)
2. Austin-Round Rock, TX (1)
3. Huntsville, AL (8)
4. McAllen-Edinburg-Mission, TX (4)
5. Kennewick-Richland-Pasco, WA (n.a.)
6. Washington-Arlington-Alexandria, DC-VA-MD-WV (25)
7. Raleigh-Cary, NC (10)
8. Anchorage, AK (40)
9. El Paso, TX (14)
10. Houston-Sugar Land-Baytown, TX (5)

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